Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) shot up 21.4% during mid-day trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. 199,987 shares traded hands during mid-day trading, an increase of 152% from the average session volume of 79,207 shares. The stock had previously closed at C$0.07.
Canstar Resources Trading Up 21.4%
The stock’s 50 day moving average price is C$0.08 and its 200 day moving average price is C$0.07. The company has a market capitalization of C$15.75 million, a price-to-earnings ratio of -4.25 and a beta of 3.70.
About Canstar Resources
Canstar Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for zinc, silver, lead, copper, and gold deposits. Its flagship project is the 100% owned Golden Baie project that comprises 52 mineral exploration licenses located in the south-central Newfoundland. The company is headquartered in Toronto, Canada.
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